Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
Mota-vated
on 16/10/2014, 15:57:38 UTC
If you have questions, be sure to use your browsers find feature (Windows: Control + F | Mac: Command + F), and look for keywords related to your questions. Most of your questions can be answered through CannabisCoinDev's posts. Also, check out the links in the original post:

There are many people that discuss CANN on the IRC chat as well.

CannabisCoin was created with the patients in mind

http://i.imgur.com/bT47Qhk.png

Charlotte Figi's story is part of the reason CannabisCoin and the YesWeCann Movement was created

Click the Photo for the Video
http://i.imgur.com/9asisHN.jpg
Pricing Clarification:

1 CANN = 1 Gram

example:

At Dispensary/shop "A"  in Arizona,  the lowest priced house strain is $17usd a gram.  They donate it to "Canndy" inventory (Jars slated for CANN, not usd purchases).  At that location, 1 CANN is worth $17usd, and being part of the YesWeCann movement/program the dispensary agrees to apply 1:1.

At Dispensary/shop "B" in California, the lowest priced house strain is $20usd a gram.  Same result as above but 1 CANN here is worth $20 usd at this location.

The YesWeCann movement is about dispensaries and shop owners who participate in providing affordable, safe, quality medicine (cannabis) at a significantly reduced rate utilizing CannabisCoin.  Supply is limited per person, per number of grams, per day.

Edit: "significantly reduced rate" is considered 25% or more in savings so that is why a lot of discussion running about $10 avg.

Example for outside of the dispensary/shop such as patient to patient payment, CannabisCoin would be worth what has been agreed upon the between two private parties.

FAQ:

Q.  What is “CANNdy”
"CANNdy" = MMJ strains grown specifically for CannabisCoin purchases by growers, and other strains designated and supplied by growers/merchants for the 1:1 peg ratio.

Q. What kind of strain is the “CANNdy” DeltaNine and the team is developing?
DeltaNine, uses Indica mostly for his issues.  Hence, the first strain is of INDICA-OG.